In a recent post, researcher SMQKE noted that Ripple was selected for the IMF's High-Level Advisory Group on Fintech, confirming its influence in this field.
Ripple’s Selection Confirmed by the IMF
The document formally recognizes Ripple's expertise in financial technology and its contributions to the High-Level Advisory Group on Fintech. According to the slide, Ripple is among the entities advising the IMF on the future of financial technology. SMQKE remarked, 'Remember, Ripple was selected to serve on the IMF's High-Level Advisory Group on Fintech. Documented.'
Additional Regulatory Engagements
The presentation also highlights Ripple's involvement with other major institutions. Ripple was selected to participate in the Bank of England’s Accelerator Program to help inform the next generation of Real-Time Gross Settlement (RTGS) payment infrastructure. Additionally, Ripple serves on the Federal Reserve’s Faster Payments Steering Committee, demonstrating its strategic role in this area.
Community Commentary
The significance of Ripple’s inclusion in the IMF advisory group was also noted by other observers. An X user identified as TheRiver commented, 'Big move for Ripple! The IMF nod shows they’re serious players in fintech,' reflecting how this engagement is perceived as an endorsement of Ripple’s standing in shaping global financial infrastructure.
Ripple’s inclusion in the IMF advisory group, alongside other collaborations with prominent financial institutions, demonstrates its continued involvement in policy and infrastructure development within the financial technology sector.
